DOS Seminar

Event Details
  • Date/Time:
    • Wednesday October 15, 2014
      11:30 am - 1:00 pm
  • Location: Advisory Board Room 402 Groseclose
  • Phone:
  • URL:
  • Email:
  • Fee(s):
    N/A
  • Extras:
Contact
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Summaries

Summary Sentence: DOS Seminar

Full Summary: No summary paragraph submitted.

TITLE: Risk neutral and risk averse approaches to multistage stochastic programming

SPEAKER: Alex Shapiro

ABSTRACT:

In many practical situations one has to make  decisions sequentially  based on data available at  the  time of the decision and facing uncertainty of the future. This leads to optimization problems which can be formulated in a framework of multistage stochastic optimization. In this talk  we consider risk neutral and risk averse approaches to multistage stochastic programming. We discuss conceptual and computational issues involved in formulation and solving such problems. As an example we give numerical results based on  the Stochastic Dual Dynamic Programming method applied to planning of the Brazilian interconnected power system.


Additional Information

In Campus Calendar
No
Groups

School of Industrial and Systems Engineering (ISYE)

Invited Audience
Undergraduate students, Faculty/Staff, Graduate students
Categories
Seminar/Lecture/Colloquium
Keywords
No keywords were submitted.
Status
  • Created By: Anita Race
  • Workflow Status: Published
  • Created On: Oct 10, 2014 - 4:32am
  • Last Updated: Apr 13, 2017 - 5:21pm